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Europe threatens US with a “three-pronged response” to its trade restrictions

UNITED STATES (OBSERVATORY) – European trade commissioner Cecilia Malmström has promised Washington a “triple-track response” if the latter imposes EU steel and aluminum tariffs.

In a statement to German newspaper Frankfurter Allgemeine Zeitung on Sunday, Malmstrom confirmed that Brussels is currently betting on negotiations and “high-level dialogue” and that if Washington does not agree to “long-term” and “unconditional” withdrawal from the idea of ​​imposing duties, Europe will have to take action.

In the past, the European Commission has made clear that the “three-track response” includes a reference to the World Trade Organization, steps to support European producers and imposing duties on US goods, including steel, orange juice, jeans, whiskey and motorcycle Harley-Davidson.

US President Donald Trump has approved tariffs on his country’s steel imports by 25 percent and aluminum by 10 percent since March 23 to protect the national security of the United States, but delayed the application of this decision to Australia, Argentina, Brazil, Canada, Mexico and South Korea, and EU countries, until May 1 next.